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The Electrical SCADA Market is projected to reach USD 3.29 Billion by 2022, growing at a CAGR of 7.48%, from 2017 to 2022. This report spread across 137 Pages, Profiling 12 Companies and Supported with 63 Tables and 36 figures are now available in this research.
Top Key Players Profiled in the Electrical SCADA Market:
- ABB (Switzerland)
- Siemens (Germany)
- Schneider (France)
- Emerson (US)
- Rockwell (US)
- Honeywell (US)
The distribution segment is expected to grow at the highest CAGR in the global electrical SCADA market during the forecast period. The growth in the global infrastructure development in the power sector is creating the need for the development of automation. All energy supplied to a distribution utility does not reach the end consumer.
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The hardware segment led the electrical SCADA market in 2016 and is expected to grow at a decent pace during the forecast period. The growth of the hardware segment is due to the upgradation of existing hardware in regions such as North America and Europe. The Mexican government also supports grid modernization by adopting the SCADA system.
Breakdown of primary participants’ profile:
- By Company Type: Tier 1- 55%, Tier 2- 25%, Tier 3- 20%
- By Designation: C-Level- 35%, D-Level- 30%, Others- 35%
- By Region: North America- 15%, Europe- 20%, Asia Pacific- 30%, South America- 10%, and Middle East and Africa- 25%
Competitive Landscape Electrical SCADA Market:
2 Ranking of Players and Industry Concentration, 2016
3 Competitive Scenario
3.1 Partnerships & Collaborations
3.2 New Product Launches
3.3 Investments & Expansions
3.4 Contracts & Agreements